Common use of Bidding Requirements Clause in Contracts

Bidding Requirements. Funding Recipient must obtain bids from at least three (3) firms from the list of Eligible Vendors. Funding Recipient must submit to the City a statement signed by an officer of Funding Recipient identifying the Eligible Vendor that Funding Recipient intends to select, and giving specific reasons for Funding Recipient's selection. Funding Recipient must accept the lowest bid unless it obtains the City’s prior written consent to a higher bidder. Prior to Funding Recipient's acceptance of a bid, the City reserves the right at any time to withdraw its prior approval of the vendor chosen Funding Recipient by Funding Recipient if such vendor has become a Prohibited Person, as determined by the City in its sole discretion.

Appears in 1 contract

Samples: Funding Agreement

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Bidding Requirements. Funding Recipient must obtain bids from at least three (3) firms from the list of Eligible Vendors. Funding Recipient must submit to the City a statement signed by an officer of Funding Recipient identifying the Eligible Vendor that Funding Recipient intends to select, and giving specific reasons for Funding Recipient's selection. Funding Recipient must accept the lowest bid unless it obtains the City’s prior written consent to a higher bidder. Prior to Funding Recipient's acceptance of a bid, the City reserves the right at any time to withdraw its prior approval of the vendor chosen Funding Recipient by Funding Recipient if such vendor has become a Prohibited Person, ceased to be an Eligible Vendor as determined by the City in its sole discretion.

Appears in 1 contract

Samples: Funding Agreement

Bidding Requirements. Funding Recipient must obtain bids from at least three (3) firms from the list of Eligible Vendors. Funding Recipient must submit to the City a statement signed by an officer of Funding Recipient identifying the Eligible Vendor that Funding Recipient intends to select, and giving specific reasons for Funding Recipient's selection. Funding Recipient must accept the lowest bid unless it obtains the City’s prior written consent to a higher bidder. Prior to Funding Recipient's ’s acceptance of a bid, the City reserves the right at any time to withdraw its prior approval of the vendor chosen Funding Recipient by Funding Recipient if such vendor has become a Prohibited Person, as determined by the City in its sole discretionceased to be an Eligible Vendor.

Appears in 1 contract

Samples: Funding Agreement

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Bidding Requirements. Funding Recipient must obtain bids from at least three (3) firms from the list of Eligible Vendors. Funding Recipient must submit to the City a statement signed by an officer of Funding Recipient identifying the Eligible Vendor that Funding Recipient intends to select, and giving specific reasons for Funding Recipient's selection. Funding Recipient must accept the lowest bid unless it obtains the City’s prior written consent to a higher bidder. Prior to Funding Recipient's acceptance of a bid, the City reserves the right at any time to withdraw its prior approval of the vendor chosen Funding Recipient by Funding Recipient if such vendor has become a Prohibited Personceased to be an Eligible Vendor, as determined by the City in its sole discretion.

Appears in 1 contract

Samples: Funding Agreement

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